Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: Bybit against Binance−0.025%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$930.934% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 2 days (all we have)−0.041%−$4 · spread now −0.025%, 7d avg −0.035%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance AXTIUSDT | 80.850 | 0 | get 0.0000% / 8h | 51m 38s | $9.1M | $33.0M | 20x |
| Short | Bybit AXTIUSDT | 80.830 | 0 | get 0.0000% / 8h | 51m 38s | $1.9M | $1.3M | 25x |
Binance AXTIUSDT
Bybit AXTIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.025% → −0.035%
- $1.03
- Slippage, 4 orders
- −$72.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$92.32
- Costs to cover
- 0.934%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; Bybit: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 5 min ago | 0.62 bp | 12.6 bp −$13 | 49.5 bp −$495 | 98.6 bp −$9,860 | doesn't fit |
| Sell Bybit live order book, 5 min ago | 6.20 bp | 15.5 bp −$15 | 211.0 bp −$2,110 | doesn't fit | doesn't fit |
AXTI on 14 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster AXTIUSDT | 0.0000% | 8h | 80.660 | −0.235% | $8K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 80.834 | −0.020% | $7K | $202K | 10x | as long as short |
| Binance AXTIUSDTlong | 0.0000% | 8h | 80.850 | long leg | $9.1M | $33.0M | 20x | |
| Bybit AXTIUSDTshort | 0.0000% | 8h | 80.830 | −0.025% | $1.9M | $1.3M | 25x | |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 80.870 | +0.025% | $2.7M | $10.3M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 80.770 | −0.099% | $2.3M | $5.3M | 50x | as long as short |
| Bitget AXTIUSDT | 0.0000% | 8h | 80.840 | −0.012% | $1.7M | $3.4M | 20x | as long as short |
| GRVT AXTI_USDT_Perp | 0.0000% | 8h | 80.779 | −0.088% | $665 | $190K | 10x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 80.820 | −0.037% | $1K | $1.1M | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 80.840 | −0.012% | $19K | $36K | 20x | as long as short |
Aster AXTIUSDT
Extended AXTI-USD
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
Bitget AXTIUSDT
GRVT AXTI_USDT_Perp
SunX AXTI-USDT
HTX AXTI-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AXTI | +0.0032% | 1h | 80.750 | −0.124% | — | — | 10x | as long as short |
| QFEX AXTI-USD | +0.0048% | 1h | 80.830 | −0.025% | $1.1M | $2.9M | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 80.710 | −0.173% | $627K | $350K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 80.775 | −0.092% | — | — | 10x | as long as short |
Lighter AXTI
QFEX AXTI-USD
KuCoin AXTIUSDTM
Aevo AXTI-PERP